While Conversing with a Hotel Desk Clerk,Aaron Momentarily Turned Around

question 491

Multiple Choice

While conversing with a hotel desk clerk,Aaron momentarily turned around to pick up his suitcase.When he turned back and resumed his conversation,he failed to notice that he was now speaking with a different desk agent.His failure best illustrates

• A) change blindness.
• B) parallel processing.
• C) inattentional blindness.
• D) blindsight.

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Definitions:

Variable Cost

Costs that change in proportion to the level of production or sales activity, such as raw materials and direct labor costs.

Fixed Costs

Fixed overheads that stay the same no matter how much is produced or sold, including rental fees or staff salaries.

Margin of Safety

The difference between actual or projected sales and the break-even point, indicating the amount by which sales can drop before a business incurs a loss.

Break-even Point

The level of sales at which total revenues equal total costs, and the business makes no profit but also incurs no loss.